Where Does Wall Street Think TPI Composites Inc (TPIC) Stock Will Go?

Wall Street is positive on TPI Composites Inc (TPIC). On average, analysts give TPI Composites Inc a Buy rating. The average price target is $6.754, which means analysts expect the stock to climb by 127.41% over the next twelve months. That average ranking earns TPI Composites Inc an Analyst Rating of 23, which is better than 23% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating TPIC a Buy today. Find out what this means to you and get the rest of the rankings on TPIC!

See Full TPIC Report

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With TPI Composites Inc Stock Today?

TPI Composites Inc (TPIC) stock is trading at $2.97 as of 1:49 PM on Thursday, Mar 28, a rise of $0.13, or 4.58% from the previous closing price of $2.84. The stock has traded between $2.85 and $3.07 so far today. Volume today is less active than usual. So far 668,269 shares have traded compared to average volume of 1,133,592 shares. Click Here to get the full Stock Report for TPI Composites Inc stock.